Capital/Financing Update • Oct 27, 2023
Capital/Financing Update
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Sparebanken Møre: Successful issuance of SNP bonds
Sparebanken Møre (Issuer rating A1 by Moody’s) has on Thursday 26th October 2023 successfully issued two new bullet Senior Non Preferred Bonds, both of NOK 500million each and with a fixed cupon of 5,59%pa. The bonds have maturities of 3,5 years and 6 years. Arrangers of the Bonds were SEB and Sparebank 1 Markets.
The bonds will be applied for listing on Nordic ABM.
Ålesund, 27th October 2023
Sparebanken Møre
Head of Treasury, Ove T. Ness, phone +47 701 13 174 mobile +47 957 62 524
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